#cryptocurrencies

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Senior Federal Reserve Official Who Blasted Bitcoin Now Says He'll Have an Open Mind

Federal Reserve President Neel Kashkari is beginning to reconsider his critical stance on cryptocurrencies but remains skeptical about their practical applications.
#financial-markets

U.S. M2 Money Supply Approaches New Highs as Financial Assets Reach Record Levels

Aggressive monetary easing and rising M2 money supply are key drivers of asset price increases in financial markets.

Corporate America Bets on a Market-Friendly Trump 2.0

Trump's victory significantly impacted financial markets, boosting stocks of perceived winners while causing declines in others.

Risks Are Skewed to a Weaker Nonfarm Payrolls Print, ING Says

A weaker U.S. nonfarm payrolls report could lead to increased Fed rate cut expectations and bolster risk assets, including bitcoin.

China's Tencent posts strong revenue growth as ad sales and business services shine By Reuters

Trading involves high risk, including potential loss and volatility. Caution and professional advice are essential.

Meta should give users free option without targeted ads, EU privacy watchdog says By Reuters

Trading involves high risks, volatility, and potential loss. Be fully informed and seek professional advice before investing.

U.S. M2 Money Supply Approaches New Highs as Financial Assets Reach Record Levels

Aggressive monetary easing and rising M2 money supply are key drivers of asset price increases in financial markets.

Corporate America Bets on a Market-Friendly Trump 2.0

Trump's victory significantly impacted financial markets, boosting stocks of perceived winners while causing declines in others.

Risks Are Skewed to a Weaker Nonfarm Payrolls Print, ING Says

A weaker U.S. nonfarm payrolls report could lead to increased Fed rate cut expectations and bolster risk assets, including bitcoin.

China's Tencent posts strong revenue growth as ad sales and business services shine By Reuters

Trading involves high risk, including potential loss and volatility. Caution and professional advice are essential.

Meta should give users free option without targeted ads, EU privacy watchdog says By Reuters

Trading involves high risks, volatility, and potential loss. Be fully informed and seek professional advice before investing.
morefinancial-markets
#global-finance

From Dollar Dominance to Digital Power: Is 2025 the Year of State-Backed Cryptos (CBDC)? | HackerNoon

A new financial era may emerge in 2025, characterized by state-backed cryptocurrencies and challenges to the traditional Bretton Woods system.

The HackerNoon Newsletter: Q3 Movers and Shakers (11/4/2024) | HackerNoon

Earnings season reveals significant insights into tech industry performance and trends.
Notion is recognized for its comprehensive features in project management and documentation.
State-backed cryptocurrencies are poised to challenge existing financial norms.

From Dollar Dominance to Digital Power: Is 2025 the Year of State-Backed Cryptos (CBDC)? | HackerNoon

A new financial era may emerge in 2025, characterized by state-backed cryptocurrencies and challenges to the traditional Bretton Woods system.

The HackerNoon Newsletter: Q3 Movers and Shakers (11/4/2024) | HackerNoon

Earnings season reveals significant insights into tech industry performance and trends.
Notion is recognized for its comprehensive features in project management and documentation.
State-backed cryptocurrencies are poised to challenge existing financial norms.
moreglobal-finance
#bitcoin

Bitcoin price plunges and ether has worst drop since 2021

Cryptocurrencies experienced significant drops due to global market risk aversion, with Bitcoin falling over 16% and Ether over 20%.

Would a Trump Win Push Bitcoin Over $100,000?

Bitcoin's price rally is partially attributed to the possibility of a more favorable regulatory environment post the 2024 US Presidential election.

Senate Passes Bill to Overturn SEC Rule on Bitcoin And Crypto Custody, Biden Threatens Veto

Senate passed legislation to overturn SEC's SAB 121, enabling highly regulated financial firms to custody cryptocurrencies despite potential veto by President Biden.

First Mover Americas: Bitcoin Falls Back Below $68K, Still Outperforms Broader Market

Bitcoin remains stable around $67,500, but struggles to maintain levels above $68,000.
Microsoft opposes assessing Bitcoin as an inflation hedge, citing volatility concerns.
Balance gains qualified custodian status and seeks to repatriate Canada’s digital ETFs.

Cryptocurrencies try to consolidate after yesterday's collapse

Cryptocurrencies are attempting to recover from losses, with Bitcoin approaching the $40,000 level.
Massive outflows from spot Bitcoin ETFs, including Grayscale Bitcoin Trust (GBTC), contributed to the recent decline in cryptocurrencies.

Bitcoin Slips Towards $42K as Interest Rates Soar; Chainlink's LINK Defies Crypto Slump

Cryptocurrencies slide lower as U.S. interest rates rise and Powell remains hawkish.
Bitcoin could reach $70,000 by the end of the year due to a favorable macro environment.

Bitcoin price plunges and ether has worst drop since 2021

Cryptocurrencies experienced significant drops due to global market risk aversion, with Bitcoin falling over 16% and Ether over 20%.

Would a Trump Win Push Bitcoin Over $100,000?

Bitcoin's price rally is partially attributed to the possibility of a more favorable regulatory environment post the 2024 US Presidential election.

Senate Passes Bill to Overturn SEC Rule on Bitcoin And Crypto Custody, Biden Threatens Veto

Senate passed legislation to overturn SEC's SAB 121, enabling highly regulated financial firms to custody cryptocurrencies despite potential veto by President Biden.

First Mover Americas: Bitcoin Falls Back Below $68K, Still Outperforms Broader Market

Bitcoin remains stable around $67,500, but struggles to maintain levels above $68,000.
Microsoft opposes assessing Bitcoin as an inflation hedge, citing volatility concerns.
Balance gains qualified custodian status and seeks to repatriate Canada’s digital ETFs.

Cryptocurrencies try to consolidate after yesterday's collapse

Cryptocurrencies are attempting to recover from losses, with Bitcoin approaching the $40,000 level.
Massive outflows from spot Bitcoin ETFs, including Grayscale Bitcoin Trust (GBTC), contributed to the recent decline in cryptocurrencies.

Bitcoin Slips Towards $42K as Interest Rates Soar; Chainlink's LINK Defies Crypto Slump

Cryptocurrencies slide lower as U.S. interest rates rise and Powell remains hawkish.
Bitcoin could reach $70,000 by the end of the year due to a favorable macro environment.
morebitcoin
#blockchain

The Paradox of Stablecoins: The Savior or Achilles' Heel of Crypto? | HackerNoon

Stablecoins may compromise the original promise of blockchain autonomy by linking too closely with traditional financial institutions.

What Is a Central Bank Digital Currency? A Brief Guide to CBDCs

CBDCs are blockchain-based digital forms of fiat currency issued and managed by central banks.
CBDCs differ from cryptocurrencies as they are centralized and controlled by central banks, allowing for actions such as freezing funds and incentivizing spending.

Real AI use cases in crypto, No. 2: AIs can run DAOs

AI can help run decentralized autonomous organizations (DAOs)
AIs can monitor and summarize information effectively in DAOs

The Paradox of Stablecoins: The Savior or Achilles' Heel of Crypto? | HackerNoon

Stablecoins may compromise the original promise of blockchain autonomy by linking too closely with traditional financial institutions.

What Is a Central Bank Digital Currency? A Brief Guide to CBDCs

CBDCs are blockchain-based digital forms of fiat currency issued and managed by central banks.
CBDCs differ from cryptocurrencies as they are centralized and controlled by central banks, allowing for actions such as freezing funds and incentivizing spending.

Real AI use cases in crypto, No. 2: AIs can run DAOs

AI can help run decentralized autonomous organizations (DAOs)
AIs can monitor and summarize information effectively in DAOs
moreblockchain
#trading-platforms

VictoryXCap review: Is this the breakthrough traders have waited for? - London Business News | Londonlovesbusiness.com

VictoryXcap offers a user-friendly online trading platform suitable for both novice and experienced traders.

Comprehensive DotBig reviews: Exploring DotBig's trading platform - London Business News | Londonlovesbusiness.com

DotBig LTD is a versatile and user-friendly broker catering to modern investors via a wide range of financial instruments, including cryptocurrencies.

VictoryXCap review: Is this the breakthrough traders have waited for? - London Business News | Londonlovesbusiness.com

VictoryXcap offers a user-friendly online trading platform suitable for both novice and experienced traders.

Comprehensive DotBig reviews: Exploring DotBig's trading platform - London Business News | Londonlovesbusiness.com

DotBig LTD is a versatile and user-friendly broker catering to modern investors via a wide range of financial instruments, including cryptocurrencies.
moretrading-platforms
#federal-reserve

Bitcoin Tumbles Below $65K Post-FOMC as Middle East Tensions Flare

Cryptocurrencies dropped sharply post-Fed meeting amidst rising geopolitical tensions, contrasting with traditional assets performing well.

A 0.50% Fed Rate Cut Could Raise Alarm for Bitcoin, 10X Research Warns

A significant Fed rate cut may indicate economic concerns, potentially leading to reduced confidence in risk assets such as bitcoin.

Analyst Who Called Bitcoin's Pre-Halving Rally to $70K Turns Bearish

Rising bond yields and reduced chances of Fed rate cuts are weakening the bullish case for cryptocurrencies and stocks.

Bitcoin Tumbles Below $65K Post-FOMC as Middle East Tensions Flare

Cryptocurrencies dropped sharply post-Fed meeting amidst rising geopolitical tensions, contrasting with traditional assets performing well.

A 0.50% Fed Rate Cut Could Raise Alarm for Bitcoin, 10X Research Warns

A significant Fed rate cut may indicate economic concerns, potentially leading to reduced confidence in risk assets such as bitcoin.

Analyst Who Called Bitcoin's Pre-Halving Rally to $70K Turns Bearish

Rising bond yields and reduced chances of Fed rate cuts are weakening the bullish case for cryptocurrencies and stocks.
morefederal-reserve
#global-economy

7 Forex Trends and Predictions to Watch in 2025

Understanding key Forex trends is vital for success in trading. Watch central bank policies, monitor cryptocurrency rise, and consider geopolitical events for informed decisions.

Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says

The Japanese yen fell to its weakest level against the U.S. dollar since 1990.

7 Forex Trends and Predictions to Watch in 2025

Understanding key Forex trends is vital for success in trading. Watch central bank policies, monitor cryptocurrency rise, and consider geopolitical events for informed decisions.

Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says

The Japanese yen fell to its weakest level against the U.S. dollar since 1990.
moreglobal-economy

The Dark Side of Digital Currency: Money Laundering on the Dark Web | HackerNoon

The Dark Web facilitates money laundering using cryptocurrencies, posing challenges for law enforcement and financial institutions.

How you could make $1500 or more with cloud mining contracts using KK Miner - London Business News | Londonlovesbusiness.com

KK Miner cloud mining offers an innovative way to enter the cryptocurrency mining world without the need for purchasing equipment or maintaining hardware.
#donald-trump

Donald Trump raises $25M during Bitcoin 2024 conference

Donald Trump raised $25 million during The Bitcoin 2024 conference.

3 Blockchain Stocks That Could Benefit from a Trump Presidency

Trump's shift towards favoring cryptocurrencies can impact the crypto market positively.

Donald Trump raises $25M during Bitcoin 2024 conference

Donald Trump raised $25 million during The Bitcoin 2024 conference.

3 Blockchain Stocks That Could Benefit from a Trump Presidency

Trump's shift towards favoring cryptocurrencies can impact the crypto market positively.
moredonald-trump

Understanding Payment Methods: A Comprehensive Guide

The diverse landscape of payment methods has evolved to encompass traditional, digital, and cryptocurrency options, impacting convenience, security, and customer satisfaction.

Crypto Use in Terror Financing Rises, but Is Still Relatively Small: Singapore

Growing use of cryptocurrencies in terrorism financing in Singapore.

India Has Seen 92 Drug Trafficking Cases in Four Years Involving Dark Net and Crypto

India has witnessed 92 dark net and cryptocurrency-related drug trafficking cases in the past four years.

Bitcoin Slips to Near $65K as Mt. Gox Creditors Receive Assets on Kraken

Cryptocurrencies dropped as Kraken initiated distribution of Mt. Gox assets, causing market sell pressure.
#sec

3 Questions About the SEC's Abrupt ETH ETF Approval

SEC approved rule changes for ETFs holding ETH, surprising many.
Decisions regarding ETH ETFs show a shifting regulatory landscape for cryptocurrencies.

Crypto: Coinbase Files to list DOGE, LTC and BCH

Coinbase filed to list Litecoin (LTC), Bitcoin Cash (BCH), and Dogecoin futures with the CFTC.
Coinbase chose CFTC for self-certification, avoiding SEC due to differing views on cryptocurrencies as securities.

Coinbase argues for motion to dismiss SEC's 'securities violation' allegations | TechCrunch

Coinbase is motioning to dismiss a suit filed by the SEC alleging securities violations.
The SEC claims that the 13 cryptocurrencies available for trading on Coinbase are securities.

3 Questions About the SEC's Abrupt ETH ETF Approval

SEC approved rule changes for ETFs holding ETH, surprising many.
Decisions regarding ETH ETFs show a shifting regulatory landscape for cryptocurrencies.

Crypto: Coinbase Files to list DOGE, LTC and BCH

Coinbase filed to list Litecoin (LTC), Bitcoin Cash (BCH), and Dogecoin futures with the CFTC.
Coinbase chose CFTC for self-certification, avoiding SEC due to differing views on cryptocurrencies as securities.

Coinbase argues for motion to dismiss SEC's 'securities violation' allegations | TechCrunch

Coinbase is motioning to dismiss a suit filed by the SEC alleging securities violations.
The SEC claims that the 13 cryptocurrencies available for trading on Coinbase are securities.
moresec
#risk-disclosure

Fed Chair Powell tests positive for COVID-19, working from home By Reuters

Trading in financial instruments and cryptocurrencies involves high risks, necessitating thorough understanding and caution.

Walmart-backed Ibotta shares surge 33% in strong market debut By Reuters

Trading in financial instruments/cryptocurrencies involves high risks. Prices are volatile, may be affected by external factors, and data may not be real-time or accurate.

Google files motion for summary judgment in U.S. ad tech case By Reuters

Trading in financial instruments and cryptocurrencies carries high risks, and prices are volatile and influenced by external factors. Fusion Media disclaimer included.

Fed Chair Powell tests positive for COVID-19, working from home By Reuters

Trading in financial instruments and cryptocurrencies involves high risks, necessitating thorough understanding and caution.

Walmart-backed Ibotta shares surge 33% in strong market debut By Reuters

Trading in financial instruments/cryptocurrencies involves high risks. Prices are volatile, may be affected by external factors, and data may not be real-time or accurate.

Google files motion for summary judgment in U.S. ad tech case By Reuters

Trading in financial instruments and cryptocurrencies carries high risks, and prices are volatile and influenced by external factors. Fusion Media disclaimer included.
morerisk-disclosure

Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom

Cryptocurrencies correction phase likely to continue with upcoming supply events worth billions.

NYSE Asks Market Participants About 24/7 Trading for Stocks

Round-the-clock trading is gaining popularity due to increased interest from retail investors and the success of cryptocurrencies.

Bitcoin Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets

Cryptocurrencies tumbled as traditional market sentiment shifted, impacted by geopolitical risks, leading to significant losses in various digital assets.

Goldman Sachs Clients Not Interested in Crypto, Says Chief Investment Officer: WSJ

Goldman Sachs maintains a negative stance on cryptocurrencies, citing lack of value as a key reason.
Clients of Goldman Sachs have shown no interest in exposure to cryptocurrencies despite industry trends.

Bitcoin, Ether in the Green as Global Easing Cycle Begins

Asia's business week opened with major cryptocurrencies in the green, CD20 up 5%
Global easing cycle initiated by Swiss National Bank influenced market positivity

10 Best Crypto & Bitcoin Casinos Canada (Reviewed 2024)

Top 10 reputable online Bitcoin casinos in Canada are safe and offer a variety of games and bonuses for players.
Bitcoin casinos are legal in Canada with no specific laws prohibiting Canadian players from using cryptocurrencies.

Reddit Invests Excess Cash Reserves Into Bitcoin

Reddit discloses investment in Bitcoin and Ether for treasury purposes.
The move reflects Reddit's confidence in Bitcoin's long-term potential and participation in institutional adoption.
#bitcoin-etfs

Bitcoin ETFs trading surges despite SEC chair's warning: 'Speculative, volatile asset'

Trading volume on newly approved Bitcoin ETFs surpassed $5 billion in just two days after launch.
SEC Chairman Gary Gensler warns investors about the speculative and illicit nature of cryptocurrencies.

Navigating The Now: Events Leading Up To The Bitcoin ETFs

Bitcoin ETFs have garnered significant attention in the finance and investing world, with major institutions joining the trend.
The approval of Bitcoin ETFs by the SEC marks a significant milestone in the journey of Bitcoin from an experimental currency to a formal security backed by major asset managers.

Bitcoin ETFs trading surges despite SEC chair's warning: 'Speculative, volatile asset'

Trading volume on newly approved Bitcoin ETFs surpassed $5 billion in just two days after launch.
SEC Chairman Gary Gensler warns investors about the speculative and illicit nature of cryptocurrencies.

Navigating The Now: Events Leading Up To The Bitcoin ETFs

Bitcoin ETFs have garnered significant attention in the finance and investing world, with major institutions joining the trend.
The approval of Bitcoin ETFs by the SEC marks a significant milestone in the journey of Bitcoin from an experimental currency to a formal security backed by major asset managers.
morebitcoin-etfs

AI and crypto mining are driving up data centers' energy use

Data centers could consume twice as much electricity by 2026 due to cryptocurrencies and AI.
Crypto mining alone is estimated to account for nearly a quarter of the electricity consumption of data centers in 2022.
NY District Judge Fallia shared concerns that the @SECGov wants to “broaden the definition of what constitutes as a security" during @Coinbase's hearing to motion dismissal for its alleged ‘securities violation."

The judge has yet to decide her ruling.

https://t.co/hqG7cjhSN2

Coinbase argues for motion to dismiss SEC's 'securities violation' allegations | TechCrunch

Coinbase is motioning to dismiss a suit filed by the SEC alleging securities violations.
The SEC claims that the 13 cryptocurrencies available for trading on Coinbase are securities.

Bitcoin And Crypto To Be Measured At Fair Value Under New FASB Rules

The Financial Accounting Standards Board (FASB) has announced new rules that will require companies to account for cryptocurrencies like Bitcoin at fair value.
Under the new guidelines, businesses will need to disclose the value of cryptocurrencies based on their market prices at the end of each reporting period.

After the boom and bust, an era of 'greater maturity' for art and the blockchain?

The collapse of FTX in 2022 raised concerns about the legitimacy of cryptocurrencies and NFTs.
The market for NFTs experienced significant growth in 2021 but saw a decline and loss of value in 2022.

Coinbase Adds Message-Based Crypto Payments to Its Decentralized Wallet

Coinbase has added a new feature to its decentralized wallet that allows users to send money to each other through messaging apps.
This move aims to broaden the adoption of cryptocurrencies by making them more user-friendly and accessible for payments.

AI and pension funds: Is AI a safe bet for retirement investment?

Pension funds worldwide are facing challenges and risks due to low demographic rates and lack of faith in social security models.
Some pension funds have invested in cryptocurrencies, but the volatility of these assets has led to losses and discouraged further investment from other funds.
#Bitcoin

After Bitcoin's recovery to $37,000, will the crypto bubble resurface again?

Optimism is growing for a continued upward trend in cryptocurrencies, fueled by indicators and market developments.
The approval of a Bitcoin ETF and the upcoming halving event in 2024 are seen as significant factors for the market's future.
The emerging cryptocurrency market is expected to enter a major upward trend, offering potential returns that exceed current expectations.

Hong Kong Based Boyaa Plans to Buy $45 million Worth of Bitcoin As Treasury Reserve Asset

Hong Kong gaming company Boyaa Interactive plans to invest in cryptocurrencies, including Bitcoin, as part of its asset allocation strategy.
Boyaa aims to seek shareholders' approval for a $100 million acquisition mandate to purchase BTC, ETH, USDT, and USDC within a 12-month period.

German Parliament Member Wants To Make Bitcoin Legal Tender

German parliament member Joana Cotar supports making Bitcoin a legal tender in Germany.
Cotar wants to initiate a legal framework to officially recognize Bitcoin as legal tender while combating risks and promoting the freedom aspects of Bitcoin.
Cotar is focused solely on Bitcoin and has started the "Bitcoin in the Bundestag" initiative to educate her colleagues on its benefits.

Bitcoin Bounces 6%, Threatens $38K; 'Good Times Are Here,' Analyst Says

Bitcoin nears new 18-month high, rebounds from previous drop.
Ether recovers to $2,060 after falling to nearly $1,900.
Altcoins Solana and Avalanche lead gains with significant jumps.

After Bitcoin's recovery to $37,000, will the crypto bubble resurface again?

Optimism is growing for a continued upward trend in cryptocurrencies, fueled by indicators and market developments.
The approval of a Bitcoin ETF and the upcoming halving event in 2024 are seen as significant factors for the market's future.
The emerging cryptocurrency market is expected to enter a major upward trend, offering potential returns that exceed current expectations.

Hong Kong Based Boyaa Plans to Buy $45 million Worth of Bitcoin As Treasury Reserve Asset

Hong Kong gaming company Boyaa Interactive plans to invest in cryptocurrencies, including Bitcoin, as part of its asset allocation strategy.
Boyaa aims to seek shareholders' approval for a $100 million acquisition mandate to purchase BTC, ETH, USDT, and USDC within a 12-month period.

German Parliament Member Wants To Make Bitcoin Legal Tender

German parliament member Joana Cotar supports making Bitcoin a legal tender in Germany.
Cotar wants to initiate a legal framework to officially recognize Bitcoin as legal tender while combating risks and promoting the freedom aspects of Bitcoin.
Cotar is focused solely on Bitcoin and has started the "Bitcoin in the Bundestag" initiative to educate her colleagues on its benefits.

Bitcoin Bounces 6%, Threatens $38K; 'Good Times Are Here,' Analyst Says

Bitcoin nears new 18-month high, rebounds from previous drop.
Ether recovers to $2,060 after falling to nearly $1,900.
Altcoins Solana and Avalanche lead gains with significant jumps.
moreBitcoin

Bankrupt Crypto Lender Genesis Global Sues to Recover $689.3 Million in Digital Assets

Genesis Global has filed a lawsuit to recover $689.3 million worth of digital assets.
The assets were withdrawn by a former business partner before Genesis filed for bankruptcy.
Gemini Trust withdrew the assets on behalf of customers in the crypto exchange's Earn investment program.

Bankrupt Crypto Lender Genesis Global Sues to Recover $689.3 Million in Digital Assets

Genesis Global is suing to recover $689.3 million in digital assets from a former business partner.
The assets were withdrawn before Genesis filed for bankruptcy.
The lawsuit claims that Gemini Trust withdrew the assets on behalf of customers in the crypto exchange's Earn investment program.

Binance Penalties Include a Number of Crypto Industry Firsts

The Treasury Department's FinCEN is imposing its first-ever monitorship on the cryptocurrency exchange.
U.S. regulators are employing powerful measures typically used for major financial institutions to penalize Binance, the largest cryptocurrency exchange.

Binance legal issues affect crypto market

Binance CEO Changpeng Zhao stepping down and the $4.3 billion settlement with the US government caused volatility in cryptocurrencies.
The settlement highlights the risks of operating and investing in the cryptocurrency space.
Additional regulation could drive away investors in the short term but could lead to broader adoption and safer access to cryptocurrencies.

Celsius to Curtail Scope of New Company to Mining Assets

Celsius Network plans to reduce the scope of its business following discussions with the SEC.
The company's revised restructuring plan will focus on its bitcoin-mining business.
Approval from the SEC is needed before the new company can execute its plan.

Celsius to Curtail Scope of New Company to Mining Assets

Celsius Network plans to reduce the scope of its business following discussions with the SEC.
The company will create a new company focused on its bitcoin-mining business.
Celsius is waiting for SEC approval before executing its plan.

Crypto for Advisors: Cryptocurrency Transparency Truths vs. Myths

Educational sources such as CIO Association and universities like MIT and Cornell offer reputable programs on blockchain technology.
Stablecoins provide a stable value representation pegged to a fiat currency and enable access to the global financial system.
Perception of cryptocurrencies being used for criminal activity is a concern due to anonymity and difficulty in tracking culprits.
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